[Breaking] Kim Yong-beom, Vice Minister: "Restoration of Securities Firms' Call Borrowing and Asset Management Firms' Call Loans to Previous Levels"

Kim Yong-beom, 1st Vice Minister of Strategy and Finance

[Asia Economy Reporter Kwangho Lee] Kim Yong-beom, the 1st Vice Minister of the Ministry of Economy and Finance, stated on the 4th, "We have restored the operating limits of securities firms' call borrowings and asset management companies' call loans, which were temporarily relaxed in March to resolve liquidity shortages in securities firms, to their previous levels."

At the macroeconomic and financial meeting held at the Seoul Banking Hall on the same day, Vice Minister Kim said, "The short-term money market, which had been struggling due to the overlapping surge in funding demand centered on securities firms and the contraction of funding supply at the end of the quarter, is showing a relatively stable appearance."